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Moody’s RMS models project indicative Debby loss at sub-$1bn
The loss is based on modelled outputs, as opposed to an initial loss estimate.
Adam McNestrie
,
07 August 2024
Shift from ILS capital to quota share insignificant for fees: Hiscox
The CEO cited ‘no change’ in appetite from a shift in the capital mix.
Liz Bury
,
07 August 2024
Lloyd’s upgraded to A+ by AM Best
This follows an upgrade from S&P Global at the end of last year.
Fiona Robertson
,
07 August 2024
Fermat adds Leybov to lead new casualty ILS business
The executive explored ILS options as MD of hedge fund Horton Point post financial crisis.
Jai Singh
,
07 August 2024
Trend of ILS outflows exceeding inflows will ‘plateau’: Hiscox’s Hussain
Allocators are waiting for 2024 to pan out, according to Hiscox CEO Aki Hussain.
Abbie Day
,
07 August 2024
Twia estimates Beryl preliminary loss at $400mn
The board of directors has voted for a 10% rate hike.
Jai Singh
,
07 August 2024
Hiscox posts ILS AuM fall to $1.4bn despite inflows to sidecar and funds
Fee income at the Re & ILS division grew by 58% to $44.3mn in H1.
Fiona Robertson
,
07 August 2024
Global H1 insured nat cat losses exceed 10-year average: Swiss Re
Severe thunderstorms, mainly in the US, accounted for 70% of insured losses globally.
Ayesha Venkataraman
,
07 August 2024
TSR lowers forecast for Atlantic hurricanes to 12
Its forecast for intense hurricanes is unchanged at six.
Jai Singh
,
06 August 2024
Insured losses should fall in retentions as Debby brings rains to Florida
The NHC has said there is potential for “historic heavy rainfall” across southeast Georgia and South Carolina.
Abbie Day
,
06 August 2024
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